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president al gore talking about hurricane katrina in his 2006 academy winning documentary, an inconvenient truth. the movie for those of you who have not seen it, warns us that due to climate change, we will experience many more super storms like sandy which forecasters say was the largest hurricane in atlantic history. climate change deniers will say the weather has always been weird. here are some inconvenient truths that they may want to consider. in the 1970s, there were just an average of under eight named storms per year. named storms like the a b c. in the 198hehe ample w ju ju u uerer nine ---- the average was just under nine per year. in the 1990s, it was about 11 named storms per year. in the 2000s it jumped to nearly 15 storms a year and get this, in the first three years of this decade, 2010, 2011, 2012 the average is just under 19. specifically, we had 19 named storms in 2010. we had 18 in 2011 and so far we've had 19 named storms and there is an entire month left in hurricane season this year
-team" and the damage from the storm, unprecedented. the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any quesons. get started at legalzoom.com today. and now you're protected. ♪ lou: well, what was once hurricane sandy continues to weaken tonight as the system makes it strike across pennsylvania into southern canada, the worst of sa
, unprecedented. the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ ♪ lou: well, what was once hurricane sandy continues to weaken tonight as the system makes it strike across pennsylvania into southern canada, the worst of sandy's winds are over as the -- what is now called the super storm heads, but windy conditions will continue over the great lakes into tomorrow. forecasters saying the higher elevations of northern west virginia could also get as much as 8 inches of additional snow overnight. well, the trail of destruction, as we reported to you at the outset, leaving at least 39 people dead in this country. more than 8 million customers are without power on the east coast and the economic effects will not be known for some time. joining us now to assess the impact that this circuit will have on the economy, we are joined by fox news editor liz macdonald. let's start with just the straightforward. i mean, the markets close
with hurricane katrina. here's live in studio with me just moments away. >>> and you know this storm is throwing a big monkey-wrench into the battle for the white house. battleground states are in hurricane sandy's path. which candidate does the storm help or hurt? what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walmart. your alternative to checking and debit. it's loaded with features, not fees. because we think your money should stay where it belongs. with you. the value you expect. the service you deserve. it feels good to bluebird. get it at your local walmart. >>> this is your prais for breaking coverage of hurricane sandy and the election. we will be carrying this at least until 11:00 p.m. eastern tonight, possibly longer if it warrants, because this storm is forecast to be a monster when it makes landfall. don't go anywhere. a lot of people said they are holed up in hotel rooms and stuck at airports watchi
you wondering whether private enterprise can work, we know from walmart and katrina it works. >> walmart and budweiser, gave truckloads of water, not necessarily beer, i know you were disappointed with that. but think of katrina, $2,000 debit cards they worked out well, people went out and bought tattoos and flat screen tvs, we have the mobile homes,. neil: in the mud. >> they sold them for a deep discount, and lost about a billion in that. governor jindal from new orleans, was complaining that federal government messes it up every step of the way, how could you expect them to do well, we could do much better if you just gave us the money, that is what mitt romney says, get federal bureaucrats out. neil: when this came out today, his back up against the wall, what to you say governor? do you say no fema? what do you think he should say. >> right now, it is a very delicate time, i'm not a politician, i say fema screws it up just about every time they get hole of it since they began in carter administration, whether it is a republican or a democrat, but still screwed up, and th
katrina and during the hurricane. and that's going to be the big angle, i think. otherwise we all guess as to how it affects turnout for elections. and that can go either way. >> you know, dana, it seems as if the white house by the president going back this morning before doing that event in orlando, it's an acknowledgment of they made a mistake going down last night. it seemed like a good idea probably friday when they decided to do that, get down a little bit early, maybe they get something in, and then now wait a minute, woke up this morning, what are we doing here? >> it's one of those things, chuck, when you get to the moment of the crisis, it's obvious what you need to do. when you're planning ahead, the campaign people obviously want to squeeze one more event in before they know he has to come back to washington. it was a mistake. it's probably not going to hurt him in any significant way. it reinforces what clarence said, that the focus will be for the next several days on the president much more than governor romney. >> kim, governor romney does not have a full-time job right
remains filled with water and must be pumped out. >> and massive pumps used in hurricane katrina have begun to drain the opportunity el there. kennedy airport will reopen on a restricted basis today but la guardia is still under power and newark doesn't even have power. amtrak could have limited service today. as for the subways, engineers will have to inspect the 600 miles of track once the water is pumped out of there. >>> in sports, the wizards open the regular season with john wall on the bench nursing an injury. the cavs would jump to a 16- point lead. they drop the opener, 94-846789 the home opener is saturday night against the celtics. there goes your 82-0 start for the wizards. >> okay. we still have plenty ahead. >> fox 5 morning news at 4:30 starts now. happy wednesday. it is october 31st. a live look outside right now at the washington monument as people try to recover and get back to some sense of normalcy after what we've been through in the last couple of days with hurricane sandy. i'm sarah simmons. >> i'm wisdom martin. welcome to fox 5 morning news. the federal govern
their lives. >> you remember this back with katrina, the same thing happened where a lot of residents in new orleans had seen a lot of hurricanes before. and they heard this is going to be the storm of century, and nothing ever happened to their houses, and they ignored evacuation orders. you can't -- there's only so much preparation you can do. you can never create a risk-free society. you can't prepare for everything. you know, but one of the things that has to happen in these situations for things to work right is for the government has a part to play, but individuals have a part to play, too. you've got to be working together so when people -- some of these people, obviously, their pain is genuine and totally understandable. but some of these people did, you know, were told to leave and didn't leave. and you understand why they didn't. it makes sense in human terms, but, you know, there is a responsibility that you have for yourself in addition to what the government obviously has for you. and again, if both sides are woaren't working together, that's when things fall apart. >> the perso
here. the same group that went to the gulf coast following hurricane katrina. the navy is bringing in pumps that they normally use on ships. i want it draw attention to the building behind me. it is staten island ferry entrance. currently all services are suspended indefinitely. the police tape is up by the battery park underpass. because as you can see 50 feet of water is still there. limited subway service began before 6:00 today. mta says 5.5 million people daily right on their subways. they also say any day that their trains are not running it costs them $18 million in revenue. traffic has been a mess throughout the city because of lack of people not being able to use public transportation and road closures. they're making three occupants or more are in each vehicle if they're going over the four east river bridges. they won't get a ticket but they won't let people through if they don't have three people in there. also the area around where the crane collapsed in midtown is still frozen. we heard from the mayor bloomberg and he is saying that that is going to be weekend before
fall-out from hurricane katrina sandy. be safe. if you are in the past, midwest, be careful. lock it down. ♪ ♪ >> bret: monster storm sandy leaves 40 dead. millions without power. or transportation. the two presidential campaigns in limbo. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. this time, the hype was justified. what was billed as the biggest storm to ever hit the atlantic coast delivered a crippling blow to the northeast. the entire region nearly half the states in the country were affected in some way. new jersey governor chris christie called it "de stating."devastating." beyond anything he thought he'd see. this is as the presidential campaign begin the final week. rick leventhal is on point pleasant beach. good evening, rick. >> reporter: this storm left 8.2 million homes in the dark tonight. including more than 2 million in new jersey and this entire community of point pleasant beach. the destruction here, up and down the new jersey coastline is de stating. the recovery is only just beginning. >> the level of devastation at the jersey sh
saved more than 200 people during hurricane katrina. and this time around, they say they will stay on the east coast, as long as they are needed. melissa harrington, cbs 5. >> thank you very much. >>> sandy is packing strong winds. upwards of 100 miles an hour. >> it is. let's led over to lawrence now with the latest on sandy's path. lawrence, take it away. >> late-season hurricane, make can its way along the eastern seaboard. what is amazing with the storm is not the strength but it is such a large storm. so the potential for damage over a wide scattered area and a densely populated area, it is going to be a major problem. right now, sustained winds of 90 miles an hour making it a category one. but this is expected to sweep on shore later today and as it moves onshore, a very large storm surge. i will tell you what. new york probably in the worst spot. it is in the right front quadrant of the storm system. you have the forward motion of the waves coming onshore and the winds wrapping it around taking the winds back in the harbor and they could see 8-11- foot storm surge. and are a
of gasoline as opposed to the producer, and some other hurricanes like katrina and irene before, they've hit an area that has been a big producer of oil, whereas really, in the northeast, they are the consumers of all of that gasoline, and so demand has dropped, but the supply hasn't really dropped as much. > > so the demand is dropping, especially as people are stuck home and not going to offices for instance. > > right. flights are canceled, and people are not driving around as you said, so the demand there has dropped, and that, interestingly enough, has pushed some prices in the southeast region down even further because that oil that usually would have gone to the northeast has dropped off a little bit. > > so much of this boils down to what's going on with the refineries. so what do you anticipate there? you know, we think that this is going to be just a temporary shutdown in the northeast region, and that, as i said earlier, we are going to continue to see prices continue to drop, and demand will come back up after the hurricane is through. > > quick predictions now: where do you see
massachusetts. by the way, one of them was louisiana that had been hit by hurricane katrina. he talked a lot about small businesses, still talks about it. says i'm a business guy, i know about small businesses. massachusetts when he was governor ranked 48th in small business creation. one of the two states that ranked lower was louisiana that had gotten hit by hurricane katrina. so this is a guy who has a track record of saying one thing and doing something else. on the other hand, when i ran four years ago, i made promises, too. i promised to cut taxes for middle class families and i did by $3,600. i promised to cut taxes for small business owners and i did 18 times. i promised to end tax-payer funded wall street bailouts and we have. by the way, we got every dime worth of money we used for the bank rescue and got interest with it, too. i promise to take on those financial institutions charging too much for student loans. we were able to make college more affordable for millions of americans. i promised i would never walk away from the millions of jobs that were in jeopardy when the auto in
from the corps of engineers a special team that pumps and they worked in katrina. they are onsite. we are showing them the situation and they are assessing it. we want to pump out the water to see what is going on in the tunnels and that will help us get the power back. >>reporter: the most difficult question, timetable, your best projection when new york city will return to the new york city we all remember. >>guest: is the new york city you remember. it is the new york city you remember today. because it is made up of new yorkers. >>reporter: with working subways. >>guest: well, the new york subway system...the buses have started running this evening limited and will run full service tomorrow. subways will come back in the in few days but the subways don't make new york, new york. >>reporter: i should add, some good news we are told that when the buses are up and running today and tomorrow, they are going to be free. >>shepard: a lot of questions about the power grid in lower manhattan and whether they can supply power to the stock exchange. he clearly cannot hear me. another point
mcantile exchange when katrina came along and i saw prices explode and that was really tough. could we see something like that again? >> just like everybody has been saying at least all the forecasters, we haven't seen a storm run this pattern this late, this expected path. it will be very interesting to see what plays out. how much damage there is. the storm may come in during high tide. we'll have to see what the implications are. we'll beatching the refineries specifically. melissa: yeah. >> what damage happens. i certaiy don't expect that we'll see the implications we did with hurricane katrina because, quite frankly the east coast is not the refining mecca. it is not the oil producing mea that the gulf was but there certainly could still bempacts nonetheless. melissa: here is what i care about. i'm driving home from work today. should i fillp today? should it get worse over the weekend? should i wait until next week? what is my play here? >> well, you know, playing it before the storm comes would be wise. not necessarily going to be a huge increase in price. in fact if everybody goes
. but i don't think you have a situation like we had with katrina where prices just took off because that's where the refineries were, and a lot of things were shut down during katrina. you don't have that in this situation. i mean, there's ample supply out there. so like the markets reacted today, in an unchanged way, i think that's what you are going to have going forward, and that $85 level in crude seems to be building a bottom here. i know we have come off an awful lot. so i don't -- you know, we're trading right around that area. going forward into the elections, we have other things other than just the storm that's going to affect the price of crude and rbob gasoline. i think gasoline, if we get a spike, i don't think it's necessarily due to the storm. if we get a drop, it isn't due to the storm as well. i think that will cancel each other out. ample supply. liz: stay safe. i assume you will be back on the floor if they open it. thank you very much for joining us. mike mcpartland there in edge water new jersey. we have breaking news on a day where the markets have been closed and a
out. so massive muchs have been brought in used in katrina to train the tunnel. kennedy airport should reopen tomorrow. laguardia is still under water. newark has no power. amtrak could have limited service. for the subways, well, engineers have to walk all 600 miles before the stations begin to slowly reopen. back to you. >> bret: big job. william, thank you. were you or someone you know stranded? let me know on twitter. follow me. @bretbaier. still ahead, if you live in ohio, the politicians will find you. first, while the u.s. still has not interrogate interrogatey suspect known to be in custody in the libya terror attack. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. ♪ ♪ ♪ [ male announcer ]
in new orleans right after hurricane katrina. he didn't want to get in the way of some of the cleanup. of course that disaster response didn't go as well as it looks like president obama is handling the response happening this time. but there is the danger dealing with secret service logistics at a time when regular logistics, just living every day life, becomes incredibly hard. >> i think it's worth pointing out certainly the obama campaign probably didn't imagine the extent. warmth of the words that chris christie has for the president, but mitt romney held his disaster relief event in ohio yesterday. the question that dogged him that he would not answer was about fema. take a listen. >> governor, what should fema's role be? governor, would you eliminate fema if you were president? >> well, it's either 11 or 14 times, depending on whose count you believe. the campaign released a statement saying that romney would not abolish fema but, quote, governor romney believes that states should be in charge of emergency management in responding to storms and other natural disasters in their j
for president bush was of him hugging someone after a natural disaster. you know, the images of katrina, biggest single thing beyond the war in iraq that undermined confidence in president bush's leadership. you cannot get those images out of your head as you watch this stuff. >> except, you know what, katty kay? there is a certain appeal that i think is coming as a relief to people who are tired, who are tired of the vitriol, of the stupidity. and a politician who can work with the other side, isn't that something that in this new age of politics that's appealing? >> it's huge. and i think it's probably almost the overriding priority of whoever gets elected next tuesday is to be able to make this country governable again. and to be able to do that by bringing about a certain amount of cooperation on the things america needs to do between republicans and democrats. we saw it yesterday between chris christie and brearack oba. and it's going to be very interesting to watch today as the campaign trail resumes, whether there's a different tone. i wouldn't be surprised -- we've heard the president us
to hurricane katrina. when that happened late august of 2005, both of these stocks were on the move up. both of them actually traded right near their all time high and in the last few years they tumbled. lowe's went to, and home depot ultimately with 21 with the cash of the market. and people who bought katrina, and long-term investment got waxed pretty good. fast forward, lowe's last time missed the street by a nickel and home depot beat by 4 cents and concensus estimates, and went up home depot, there's a downgrade recently on home depoe and two upgreats on lowe's. to me, i can lie home depot, i think they have better operators and storms and when the storm path went and i just happen to think it's a better operation, better historical execution, so i would be willing to pay extra for it, for both of the stocks. cheryl: and-- >> $30 for lowe's, 58 for home depot and break out 63 for home depot i think it takes off or break out at 33 for lowe's, that could be a takeoff point. cheryl: another positive, unfortunately, coming out of this storm you're going to have new construction and you're g
very well. i discovered this stock after hurricane katrina. i'd never heard of it before and all of a sudden katrina came through, it went from augus august 2052 this yea 2005. they made an acquisition. the made an acquisition 1.2 $1.5 all cash acquisition. what i like about this, they do the hazard that have safety-kleen to recycle last year they took 400 million gallons of waste and turn it into reusable. they cleaned it up and were able to sell it. i think this is a perfect fit. this is not just a hurricane play, so we're going long-term. a trend that will be absolutely phenomenal. i don't know why the stock is down so much but i that it is at opportunity. cheryl: you have one more, i believe as well. >> g. nrc, so a lot of stuff out about it. after we talked in front of the stock traded more than 100% daily volume, the ceo has gone bonkers. this'll be huge for them to a lot of people have thought about getting a generator. people's minds will be made up in the next week or so. these are not the $900 generators. we have an order in for one of them just two weeks ago and i am n
not as powerful as hurricane katrina, the storm stretches a record 520 miles from its eye. earlier this morning, the national hurricane center said the hurricane's wind speed increased 85 miles per hour with additional strengthening possible. describing it as a rare hybrid superstorm, forecasters say sandy was created by an arctic jet stream wrapping itself around a tropical storm. the storm could cause up to 12 inches of rain and in some areas, as well as up to 3 feet of snowfall in the appalachian mountains. flooding has also expected to be a major problem. the national weather service has warned of record level flooding and life-threatening storm surges in coastal areas. the nuclear regulatory commission has announced it is taking special precautions for the storm. there are at least 16 nuclear reactors located within the path of the storm. six oil refineries are also in the storm's path. while the news media have been covering hurricane sandy around the clock, little attention has been paid to the possible connection between the storm and climate change. scientists have long warned how glob
andrew first time, con for hurricane katrina second, and then president obama used it for hurricane isaac to help the people of louisiana and mississippi prepare for isaac just a few months but this is a big deal that the president made this announcement before the hurricane arrived. >> stand by, general. i need to get to boston. he's in boston, coast guard admiral dan abel, he's standing by. because, believe it or not, some people maybe are going to ride out the storm and we want to talk about -- it's going to be a search rescue if people ride out the storm. so admiral, what's the best -- what are people -- what's the best thing people can do to keep safe so you don't have to deal with search and rescue? >> right, don. well, the first thing is folks should already have their boats secured and the waterfront secured and it's time to seek safe haven. at this point if you have got a boat in the water, it's time to lever it where it is and time to go asheer. we've worked with a couple cases this weekend with kayakers trying to enjoy the surf, even a guy on a dingy going out to his mooring bu
hurricane katrina back in new orleans seven years ago. only difference is this is spread out over a much bigger area. puts the storm in perspective. everyone just stay safe. 4 take acold & cough...s [ buzz! ] ...and spend time on the chair. for non-drowsy 6-symptom cold & flu relief. take dayquil. use nyquil... [ ding! ] ...and get longer nighttime cough relief. use alka-seltzer plus night cold & flu... [ coughs ] [ buzz! ] [ screams ] ...and you could find yourself... honey? ...on the couch. nyquil. 50% longer cough relief. honey? ...on the couch. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you
hit by hurricane katrina. he talks a lot about small businesses, still talks about it. says i'm a business guy, i know about small businesses. massachusetts when he was governor ranked 48th in small business creation. and one of the two states that ranked lower was louisiana that had gotten hit by hurricane katrina. so this is a guy who has a track record of saying one thing and doing something else. on the other hand -- on the other hand, when i ran four years ago, i made promises, too. i promised to cut taxes for middle class families. and i did. by $3,600. i promised to cut taxes for small business owners. and i did, 18 times. i promised to end taxpayer funded wall street bailouts, and we have. and by the way, we got every dime worth of money we used for the bank rescue, and we got interest with it, too. i promise to take on those financial institutions that were charging too much for student loans, and we were able to make college more affordable for millions of americans. i promised i would never walk away from the millions of jobs that were in jeopardy when the auto indu
, reminds me of the hospital stories we heard in katrina and new orleans there must have been patients on ventilators that had to be manually kept alive and getting babies out of the nicu in the dead of night, when the power has gone out. i can't imagine how difficult that was. >> it reminded me very much of my time in new orleans after katrina. the adults, it was interesting, the adults on respirators, they batteries. they were brought down, some of them 15 flights of stairs on respirators with batteries. for some reason the neonatal -- the little newborn babies, their respirators did not have babies. doctors or nurses had to do bagging, where the doctors, the nurse squeezes air right into the baby's lungs so they're walking nine flights down from the nicu, while the whole time squeezing air into the babies' lungs. >> as far as you know, no fatalities. >> as far as we know, all is doing well. some people right now, anderson are asking the question, why didn't they evacuate sooner. i think that's a question that is going to be talked about at nyu for a while now. >> yeah. certainly the
with andrew which damaged his political career, it was damaged. of course george w. bush in 2005 with katrina. many people in the bush white house cite that was the low point of his presidency. a lot of dangers also, a lot of political opportunities. >> let's get practical. early voting is happening in these states. maryland cancelled early voting for the day. how much of an impact is that especially for the obama campaign is very much -- >> they are dependent on it, talking about it, counting on it. it does have an impact. it moves romney into an awkward situation. anything he does looks blatantly political or needy he's not in the equation when the country is under siege from a massive storm. >> the president of the united states went to the fema command center which by the way was it cynical or maybe the people running the campaign said we need to get him there. the president was doing what presidents do. what does mitt romney do? >> real quickly this close to the election does it matter if they got to cancel these rallies and what about their ad? if you're wall to wall coverage in these m
on a real storm that took real lives. and remember katrina? thousands of people wouldn't or couldn't heed the warning and had to be rescued. so how do we handle any creeping cynicism in the face of sandy? perhaps we take our cues from the movie. >> the storm is going to get worse. we stay inside, we keep warm, and we wait it out. >> you know, the mayor of new york city had a very powerful comment about this. he said if you live in an evacuation area and you refuse to leave, you're not only risking your own life but also the lives of first responders who may have to come and rescue you. lara, back to you. >> thanks so much, dan. >>> coming up next, surviving the storm. everything you need to keep your family safe. and what people in the path of the storm are saying right now. "good morning america" will be right back. maybe you can be there; maybe you can't. when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. but the acidic levels
that already have post true mat yuck stress from katrina, 9/11, this brings it back some is driven by the media but also politicians that want people to be fearful so they get out of the way and save lives. >> of course. you know you don't want to underpredict and you don't want to overpredict. so they are trying to get that just right. >> what can you do? >> you should watch a show like this where the attitude is measured and nothing is hyped. but when you hear somebody talking like this, there is a storm, doesn't matter what they say. if they are talking like this your adrenaline is up. i saw on the upper west side, there were people coming out of a meat store carrying what looked like half a cow. it is like a mob mentality. i think probably like -- box of cereal and a quart of milk will get you through a couple of day. >> right. >> live on the upper west side. i was many cancerying meat but one of the people that went to the store. why am i here? >> because everybody else is here. there are lines. there is a line. >> i better go get something. what do we do
with expertise, happened in katrina for the city of new orleans and chicago in 1992. they are at this moment in the air coming here to fly and they will be here tonight to help city planners advise him how to start first and get rid of the why. robert: back to you in the city of. melissa: you see the panel -- the tunnel completely filled with water. ashley: that is critical to the transportation story here. no one can get in or out of manhattan with transportation shutdown and the roads a mess. very difficult, unable to give any timetable but essentially more damage. let's go to new jersey talking of damage and assessing what sandy did. two million customers without power. jeff flock was in point pleasant beach in the teeth of the storm yesterday and today surveying the damage. jeff: had quite a ride. take a look. plenty of water. this street was like a river last night. is covered with water as well as stand. follow me this way, you will see there is sand all over the city streets in point pleasant beach. the other problem even though they cleared ocean drive up here, natural gas leaks, wat
't iraq. it wasn't wmds. it wasn't the horror of all of that. it was katrina and being caught sleeping and feeling like they had abandoned people in new orleans. it impacted them in a deeply personal way. these -- obviously people's lives are on the line here, too, but it also -- it's a sign of leadership. >> there is no pollster in the world who can get at the feelings, the emotions, of someone, a family, who has lost power for three or four days. what does that do to this election? that kind of emotional wild card. there's no way of telling what people feel or who they get angry at. >> one thing the president benefits from, i think, because again, i don't think the white house is going to mess this up. i bet you $10,000, they've got in the tri-state area, three extraordinarily aggressive governors, two democrats, one republican. but chris christie -- >> good way of putting it. >> cuomo and malloy is going to be very aggressive and work very close with the president and the white house because they are concerned about the people, not just the politics of it, they're concerned about th
that came into the economy from federal payments and from insurance. katrina, $100 billion. again, it took a long time to rebuild. what i would say is the initial impact very, very bad, but when the federal government gets involved, waves its wand, and when insurers pay, you tend to have a very quick rebound that can actually help, if it's huge enough, the gross domestic product of the united states. >> i want to focus on that. not to be insensitive to what people are dealing with, but there are certain sectors of the economy that will benefit, i would assume, the construction industry to start with, one. >> yes. in hurricane andrew in 1992 the construction industry boomed. the lumber industry boomed. glass. a lot of companies simply had to send everything down to florida and that raised the price across the board throughout the united states. highly unusual. that was pretty much the only time that i have seen the gross domestic product really jump off of a hurricane. this could be like that. that's how big this one might end up being. >> and very quickly, i'm sure you had heard rumors, re
to here. general russel honore. you commanded the military in new orleans post katrina. you know a thing or two about emergency preparedness and destruction on the scale which we will likely sk lly see. welcome. before we talked a preparedness and the president's point of how they've been working so hard to preposition resources, let me begin with the story off the coast of north carolina. this massive ship. there were 16 people on board. it began to sink. there was a distress call, and the next thing they know the coast guard ends up getting called in to try to rescue. here are the pictures from atop this coast guard helicopter. tell me what you know. what do you make of this? >> this is what the coast guard does that nobody else can do other than some of your active duty military. go out and save mariners. it's a part of the national mission. nobody does it better. thank god for the coast guard to get out there this morning and stave majority of the people. the story is not over with. how that ship ended up in the location it was in, but they were able to get some of them out there. ho
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